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Bloomberg analysts: 30-year U.S. Treasury yields break through 5%, indicating that highly speculative cryptocurrencies will encounter resistance

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2025-05-20 13:31:18
Bloomberg senior analyst Mike McGlone said in a social media post that a break above 5% for the 30-year U.S. Treasury yield could indicate that investors are selling off U.S. assets, a trend that could create resistance for stocks and highly speculative cryptocurrencies, while also being positive for gold.
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